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of pennsylvania. his research includes the u.s. economy, tax policy, and the stock market. he is previously a senior economist at the board of governors at the federal reserve system. he went to that graduate school of business at columbia university. he has worked for both the george w. bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue rarely soon. third, achieving long-term fiscal sustainability. that is deficit reduction and tax increases and spending cuts that allow the gdp ratio to stabilize by the end of the decade. these three things need to be done now. in terms of the fiscal cliff, if policy is unchanged and we go over the cliff and there is still no change after that, the gdp in 2013 will 3.5 percentage point
and innovation can benefit the u.s. economy. speakers include white house national economic counsellor sperling and former congresswoman and burned mobile vice-president susan molinari. it starts 10:00 a.m. eastern here on c-span. also tomorrow, a look at how u.s. debt, slow economic growth and the retirement of baby boomers could impact the global and economic future of the united states. from the american enterprise institute doug join us live at 5:30 p.m. eastern also here on c-span. >> we are at the new york state museum. this is our galley that is dedicated to the history of september 11 and the attacks at the world trade center. we decided with the gallery to tell the story for the first moments of the attacks using objects from the world trade center site. this is a piece of steel from the south tower. we put it in a place where the public can and should come and touch it. it gives it a real tangible experience. this is a piece of steel from the north towers. this is a dramatically bent piece of steel. this is within 10 floors of the impact of 9/11 on the north tower. again, you can see
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